An advisor who managed about $325 million at Merrill Lynch has affiliated with LPL Financial’s employee advisor channel, Linsco, the firm announced Tuesday.
Christopher Coffin is opening a new firm, Coffin Financial Group, in Austin, Texas.
Coffin is a second-generation advisor who earned a law degree before deciding to switch to wealth management. He had been affiliated with Merrill Lynch since joining the industry in 2008. His practice focuses on financial planning and tax-managed asset strategies for doctors, lawyers and other professionals.
In a statement, Coffin said his move reflected a desire to be able to do more for his clients.
“Through LPL and Linsco, I have the flexibility to build the business I want, putting clients’ best interest at the forefront of everything I do,” he said. “I have access to premier LPL technology and resources to enhance the client experience, as well as support from the Linsco team for my firm’s administrative and marketing needs.”
The Minneapolis-based RIA aggregator is adding two North Carolina practices managing nearly $1 billion, pushing its total client assets past $158.2 billion.
As markets disintegrate, the value of on-the-ground, first-hand research through "intimate knowledge acquisition" is skyrocketing.
Deal brings 10 advisors and deeper family office reach to Austin market.
Mega-RIA to adopt AI workforce at enterprise scale as firm rethinks growth without hiring.
The five-advisor group leaves U.S. Bank for LPL's platform, part of a record June that saw 204 advisors join the firm.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
